Ben Gurion International Airport, one of the entrance tourism in Israel closed several times as  result of attacks from Gaza rockets . (Photo: AFP)
Ben Gurion International Airport, one of the entrance tourism in Israel closed several times as result of attacks from Gaza rockets . (Photo: AFP)

Gaza, 7 Dzulqa’dah 1435/2 September 2014 (MINA) – Israeli media, Yedioth Ahronoth, explained that  Israeli occupation regime had suffered heavy losses from various sectors, such as tourism, agriculture and  military in their aggression on Gaza Strip for  51 days.

In the tourism sector, the Israeli media declared that  Israeli occupation regime suffered  loss around $566 million.The sector  decreased about  26 percent from the same period last year. The sector  supported  seven percent of  Israeli economy.

Israeli Manufacturers Association estimated that their total of the economic loss in  first round of Israeli aggression reached  $358.5 million. Factories in south of Israeli occupation regime contributed  40 percent of the loss, while  manufacturers in Haifa and other city contributed about 50 persen of the loss, Mi’raj Islamic News Agency (MINA) correspondent in Gaza reported.

Israeli exports experience  significant slowdown in second quarter in 2014.  The volume of the exports fell to 1.7 percent from 2.8 percent in the first quarter. It caused Bank of Israel cutting  its interest rate to its lowest level over the last five years, 1.5 per cent on last July 28.

Agriculture sector suffered significant losses. According to  its laws, Israeli government required to compensate for absent workers who live at 40 kilometers from Gaza border.
Israeli military sector also suffered losses. Official statement from the Israeli military said at least 64 Israeli soldiers and six people  killed by fighters of Gaza. The statement is different from fighters of Gaza. The fighters stated that 160 Israeli soldiers killed and thousands others injured.

As  result of these losses,  Israeli government  cut two persent or about $597 million from budgets  in all ministries, Sunday on August 31. Israeli government decided it after they experienced  hard debate and  voting.

Some ministers opposed cutting of the budget  such as  ministry of  economy and minister of  pensions affair. They chose to abstain from the voting.

According to documents released by the Cabinet Office before  meeting this week, the Israeli government asked Ministry of Education to cut its budget $1.4 billion, Ministry of Welfare and Social Services $18.6 million and the Israeli Ministry of Health 12.8 million.

Other ministries experiencing  the cutting are  the Israeli Foreign Ministry 3.5 million, and about $9.8 billion from the Atomic Energy Ministry, intelligence agency and other ministries.

The Israeli Welfare Minister, Meir Cohen protested the cutting budget. He said that there was no budget to be cut from his  ministry. ” Will they  take the budget from people who no longer have anything,  even for buying a sandwich for their children who will go to school,” Cohen said on Army Radio. (L/K01/P009/P3)

Mi’raj Islamic News Agency (MINA)